TMI Blog2014 (1) TMI 785X X X X Extracts X X X X X X X X Extracts X X X X ..... s come to record - mere paper credit was availed by the appellant without receiving any input in his factory to cause manufacture of final product – the appellant directed to deposit Rs. 87,44,929 as pre-deposit - upon such submission rest of the duty to be stayed till the disposal – Partial stay granted. - Appeal Nos. 560 to 564/2012-Ex[DB] - STAY ORDER NO. 56774-56778/2013 - Dated:- 13-3-2013 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... order at page 125 of appeal folder indicates modus operandi of the appellant and the relevant part of the material facts appearing thereunder reads as follows: The investigation revealed that the Noticee had availed Cenvat Credit to the tune of Rs. 8744929/- during the period August, 2005 to 4.9.2006 on the inputs namely Polyester Texturized Yarn (PTY) weighing 1379946 kgs. Claimed to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 6 manipulation of record has came to light by investigation. In para 4.4 clear admission of no movement of input has come to record. In all the above circumstances learned Adjudicating Authority proceeded to hold that mere paper credit was availed by the appellant without receiving any input in his factory to cause manufacture of final product. 4. On the aforesaid facts and circumstances the app ..... X X X X Extracts X X X X X X X X Extracts X X X X
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